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FOX Business
Dec 26, 2012 7:00pm EST
suppression. our next guest defense the tough voter id law say it is a paramount important that we protect the integrity of the process and make sure voter irregularities and voter fraud is eliminating. joining us now, attorney general of south carolina, great to have you with us.at first, your reaction to what the first lady had to say. >> i obviously disagree with the first lady.with in every state i looked at, georgia, indiana are two states, section five, one is not a section five states.is when they have had laws with a federal id for the voter registration card actually minority that is a went up in subsequent elections and participation.s. lou: when you talk about the five states, those are states because of civil rights transgressions 60 years ago, 50 years ago, they still remain under the watchful eye of the justice department for a revision in their electoral laws or procedures, right?pro >> absolutely. states have asked the federal government permission before they can implement a law thathe affects elections, but in a state passing a law, that she, went up in a state of georgia
FOX Business
Dec 24, 2012 7:00pm EST
care law was so unpopular when the president signed it into law and it remains absolutely that two years later. apparently nancy pelosi was right about the obamacare program, at least when she uttered these now infamous words, calling for passage of the legislation. >> we have to pass the bill so that you can find out what is in it. away from the father of the controversy. lou: is getting rid of obamacare so one option for republicans? we will talk with legal analyst peter johnson on the way forward. also, the worsening political crisis in egypt. splitting egypt between those who want the islamic state, governed by sharia law, and those who oppose it. andrew boston this year. the professor and the author of the new book "sharia versus freedom." in the nation's credit rating is at risk. serious proposals to reduce the deficit and really end our national debt. potentially, a significant blow to the obamacare controversial o contraceptive mandate. the eighth circuit court of appeals in the preliminary injunction to stop the mandate for being enforced against the missouri catholic busi
FOX Business
Dec 27, 2012 8:00pm EST
federal law -- she was evading federal law by concealing what should be open and transparent deliberations overall these extremely expensive rules that the epa has been firsting on our economy. tom: nobody likes washington covering up anything but there are published wants that maybe he is is not the first baby -- she is not the first, and maybe carroll browner was involved in this, this may have gone on in bush administration, bush 43. is this -- do you know anything about these accusations or reports? >> it was said during the clinton administration that carroll brander did not use e-mail. but we discovered, my colleague horner discovered that carroll brander did, when the clinton administration left they destroyed hardwares that the e-mail was contained owe can't look back at shenanigans that cheryl branner was getting up on the clinton administration. and now they are turning over approximately 12,000 e-mails to us. tom: is that what precipitated her resignation, this is the common reason, i want to spend more time with my family. >> who knows, but it is no cosince -- coincidence she
FOX Business
Dec 25, 2012 6:00pm EST
in line behind the people who have been lawful and waited in line. so we don't give them a preference in line but we do give them a legal status and we don't prohibit them from getting in line if they choose to go the citizenship route. gerri: senator, what do you have to have to be able to be part of the program as you're defining it? >> you have to be under 14 when you came here and you have to be under 28 now. you can serve four years in the military or, you can have six years in which to get some kind of job training or degree. it can be college degree of course or a technical degree, vocational degree, something that gives you a skill and then, from that point you would get al second visa that would allow you to work for four years and then have the ability to stay here as long as you want to and abide by the law. gerri: i want to ask you why it is important to have this legislation. one of the issues of course in the wake of the elections, a lot of critics of republicans said, the republican party in particular need to be more supportive of immigrants, have some kind of path to
FOX Business
Dec 31, 2012 7:00pm EST
law., ndrew joining me now is andrew boston. he's the author of the new book "sharia versusor freedom."shar the legacy of islamict to hav totalitarianism.ith it is great to have you with us. we appreciate it. let's start with the idea that w sharia law, a lot of people dismiss it as a cultural aspects of islamic life. it poses no threat to americans. what are your thoughts? >> sharia law is foundational in islamic society. mand but i it is also an entire political runsm, and here's where it afoul of modern human rights .ightsts unlike the bill of rights. includes a timeless war doctrine. als the doctrine of jihad. it also rejects basic humandom freedoms by freedom ofof conscience a freedom of speech, and it imposes discriminatory legal rgulations against non-muslim minoritiesin and women. it also includes dehumanizing punishments like lashing for alcohol consumption, stoni tolau death for adultery andn mutilating punishments as well. lou: is it your view that theren is no way in which american culture can accommodate sharia within a multicultural society? part of which ould be the mus
FOX Business
Dec 24, 2012 10:00am EST
. but how do you define and that codify that into law? that's a much trickier issue. david: that was scott rasmussen with the latest poll on gun control and don't forget to tune into varney 9:20 sharp. and nicole-- okay, we'll go back to nicole, as soon as we find her, she's wandering the floor of the nyse. and stuart may be out this christmas eve, that doesn't mean he isn't spreading holiday cheer. liston what he has to say at 10:45, a christmas message from stuart. meanwhile, we are headed towards the fiscal cliff and if congress doesn't act soon the the u.s. economy could take a nosedive right off it. all this have comes as capitol hill, could a value-added tax be in the pipeline? are we slowly turning to europe. david, good to see you. and we already see us moving in terms of spending to the european model. will we move in terms of tax policy to the european model, specifically to a value-added tax like they have in most of europe? >> personally i think we should. >> on top of what we have, on top of an income tax. >> we need to cut back and what i would cut back is replacement for the
FOX Business
Dec 24, 2012 6:00pm EST
it off to the mother-in-law.wing th will be sitting there six years from now and thinking what was ig thinking, what with the possibly thinking i could've gotten this house 40% less than i am paying this year.ey'r tell your friends they are not thinking right.ree gerri: i so agree with you. the market goes up, it goes down and went down for long time, it will recover.l >> and i will sell you a house. gerri: let's sit down, have a cool places i want to look. >> thank you very much. gerri: one of the bellwether places for employee benefits. changing the way it manages 401(k). and if president obama breaks the law with what he calls recess pointments. taking a look at the new case making its way through fedn't f. i was always interrupting my teammates. earlier in my career, my coach approached me. he said, "i think that, you know, sometimes i don't feel like you're focused." so the next day, i went and saw a doctor. it was my adhd. like many kids with adhd, i didn't outgrow it. if you were diagnosed with adhd as a kid, you might still have it. find out more. take a quiz at ownitquiz.com
FOX Business
Dec 23, 2012 8:00pm EST
in this congress laws can only pass with support from democrats and republicans, and that means nobody gets 100 percent of what they want. lou: there are only ten days remaining to the fiscal cliff. president obama headed to value within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiations with the president have, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me that his numbs, $1 trillion in new revenues, 850 billion in spending cuts was his bottom-line. he could not go any further. lou: and he didn't. the plan be option collapsing last night when he failed to get republican support to raise taxes on only those making more than a million dollars a year. over in the senate majority leader harry reid pounced on the very public embarrassing defeat. >> we knew the so-called plan b was no plan at all. it could not pass the senate. it turns out, it could not pass the house either. it is too bad speaker boehner wasted a week in his politi
FOX Business
Dec 27, 2012 12:00am EST
federal law because the federal law i think prohibits gambling on sports in several states other than nevada and three others which were grandfathered in. very simplest form the new jersey case seems as well if you allowed it in four states, why not just allow it everywhere? >> i think that is exactly right. that's the argument. why should the federal government ban something in new jersey that's allowed in nevada. adam: right. >> it is illogical. adam: along comes the nfl, the nba, different sports leagues and they say no, no, no. you can't allow betting on our games in it was the nba in new jersey. that will give perception the games are fixed and we're not up and up kinds of people, right? and the judge agreed? >> i think the judge came to the conclusion somehow it would harm the leagues. i don't think anyone thinks it is necessarily means it is fixed. what everyone wants, everyone bets illegally other than in navy. adam: not here. people to do this all the time. >> estimate 300 to $500 million is bet illegally in the u.s. if you took 5% of that, that means there are $150 million g
FOX Business
Dec 28, 2012 10:00pm EST
murders of high-school. england, 30 years after the ost rigid gun laws passed, they have their mosthorrible gun massacre. norway, some of the most striest gun laws on the planet, and that got on the island and murdered all of their kids. we have to understand something new is happening. the guns have always been there. we're working hard to keephem out of the hands of kids, but there is something profoundly new. if we don't focus on that e completely miss the issue here. lou: what is that new -- that change that is overtaking us, our society that can lead to this kind -- >> a new phenomenon. lou: what is it? >> never there fore. violence injury, particularly video games. the number one trade law enforcement. man-hours, contact our supply system anywhere you want to measure it. one of the leading trainer is a military. i have a best-selling video series were preparing individual citizens to be able to use deadly force at the moment of truth. and from all those perspectives, we know that simulations and visualization and mental rehearsal is absolutely essential to performa
FOX Business
Dec 29, 2012 8:00pm EST
served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my repe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. yogotta taste this soup. guest to says guns are not the real problem. kidsre becoming so desensitized to violence and to death because of viont video games that we are injuring our young people. in some cases previously. the foremost experts on violence an media. lieutenant-colonel david rosen, former psychology professor at west point and author of, killing the psychological cost of learning to kill and war and in society it is good of you to be here, colonel. want to start with the idea that is now being discussed right now. there is some discussion. obviously a reflection which is, take away the guns, the reflexive answer which, it had to be simply a psychological problem, part of one young man. you see it as a much more broad and profound problem than even that. >> the first thg is, this is a worldwide phenomenon
FOX Business
Dec 25, 2012 7:00pm EST
ofn law is remaining the best way oe making sure that people don't come into the country illegally. the risk of an amnesty that is basically all that we are talking about unfortunately is amnesty. every amnesty in the past weather in europe or in then united states has had the effect of attracting more people in the country illegally in the hopes of a future amnesty. lou: years ago i started talking about a rational, humane immigration policy that would take intocy account all of the concerns about displacement of those who were in this country illegally, a due process make a determination of how work permits and legal status occurred. that is not enough.th the activist groups in this country t insist upon one thing, it is remarkable demand in my eyes, they insist upon amnesty and this president is insisting upon amnesty. what is your reaction? >> what i worry about most is not amnesty, but incredibly successful campaign toma stigmatize any immigration enforcementti whatsoever.ha when you have opposition across the country to a program called secure communities which says if you ha
FOX Business
Dec 27, 2012 6:00pm EST
are some of our favorites. let's start with illinois. starting in 2013 and new law gives motorcyclists be okay to run red lights. leave it or not. after complaints from cyclist who say light sensors don't see the cycles. and the okay for computer-driven cars on public roads but they say it is okay as long as a human is in the passenger seat. also in the golden state, hunters are now banned from chasing bobcats. in the population is out of control, a new law will now impose harsher penalties on those who release hawks into the wild. and finally, my personal favorite from new york city, they do three things all the time. and now ban the sale of large sodas and sugary drinks at restaurants. to curb obesity. like that is going to help. more than 200 of these laws will now be on the books come january 1. call me crazy or what. for more on what will look like in the new year, joined by university of maryland economics professor peter morrissey. great to see you again, has been a while, glad to have you back on. we talked about this before but what happens if we go over the cliff, the recessi
FOX Business
Dec 25, 2012 5:00pm EST
? >> exxon does not pay their fair share. they get tax breaks that are written into the law by their very highly-paid lobbies and supported by the many congresspeople who they give millions of dollars to every year in election campaigns. melissa: but still you said tax breaks. that is tax breaks that is their money hanging on to. it is not money they're getting back from congress. it is their money. >> it is money that everyone else has to pay. you know they get a special tax break for, for instance, if they want to make a project internationally they have a special government-backed loan program at u.s. export import bank. last year that program alone provided $10.4 billion fossil fuel subsidies. melissa: can i ask you better for my children and went out like the navy and spent $26 a gallon on biofuels or the air force which is spending $59 a gallon would that be better for my children we were all doing it. i don't like the air force and navy doing that. that is bad for my children's future because it runs up the deficit. >> the best thing for my children's future, i have two boys, one 1
FOX Business
Dec 26, 2012 11:00am EST
sales rising over concerns of tighter gun control laws. we can find some winners in the stock market. here are some of those on the s&p. ♪ she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take alis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or if you have
FOX Business
Dec 27, 2012 10:00pm EST
but do the jobs that make our lives in this country work. our first guest tonight says gun laws are critical part of this national discussion, butthe countrylso needs, hesays, to respond to the mental ealth issues when it comes time mass shootings as well as the corrosive influence of the digital world in the culture of violence. joining us, former common security sectary, former governor of pennsylvania, tom ridge, who also served on te review panel to study the virginia tech shooting which claimed the lives of 32 people. good to have you with this. let's strt with the culver legislation here, senator dianne feinstein is putting forward something that looks very familiar to you which is the assault weapons ban which he supported when you were in congress back in 1994. what are your thoughts? >> i think it certainly understandable, predictable that the first focuses on the instruments of this tragedy, the instruments of war, and those of the firearms and the guns. i think, and i hear reread to pinpoint. this is a game changer. i heard the same language upper columbine and virgin
FOX Business
Dec 31, 2012 9:20am EST
this, if you don't change your gun laws to at least try to stop these relentless tidal waves of murderous carnage then you don't have to worry about deporting me. i'll have my take on piers morgan in our next hour or so. clearly, i've got a dog in this hunt, i am english, i'm an immigrant, et cetera, et cetera, and i've got a strong opinion on pierce morgan. let's go back to kelly jane, what do you think of piers, my good fellow. >> is anybody crying about this, is anybody worried that piers morgan is it going to leave? you know, i hate to be -- i hate to be snarky, but i think that people were very surprised when he got that slot after larry king in the first place and his show has been most successful in giving people things to laugh at the day after. stuart: ooh, that was good, kelly jane. that was really nasty. . [laughter] thank you very much indeed. >> i love the english, i love the english so i'm happy to have more of them in the states, i just think that they might want to read a little about the history of the country to which they're going to, which you obviously ha
FOX Business
Dec 30, 2012 1:00am EST
're in right now because of these laws and it's the unintended consequences as gary says, taking a few incidents a now taking 2 million people to deal with a little problem. >> brenda: thanks, guys, that's got to be the last word. so, dock workers and shippers forging a temporary deal to avoid shutting down major ports and our economomomomom >> a last minute dea averts a crippling strike from maine to texas, but the temporary agreement will only last about a month and jim, you say this could be the costliest union threat yet? how so? >> we've already seen retailers like home depot, lowe's and target affect their business. we're in an age of just-in-time delivery. and when youisrupt that, you disrupt things when times are tough. bear in mind, also, there are 25 million people out of work. 52 million on food stamps and the unions are choosing now to flex their muscles. i do't know wh is running pr for these people, it might be "monty python," it's bad timing and bad pr. >> brenda: and these people say they need a better, livable wage. yeah, what's wrong with workers getting a raise and
FOX Business
Dec 26, 2012 6:00pm EST
never saw a new law you didn't love. >> that bitterness will make -- us. >> we have 5 cents on every piece of bacon, right? [laughter] that is all the money we have for you today. we will see you tomorrow. "the willis report" is next. stay classy, san diego. gerri: hello, everyone, i am gerri willis. retailers dealing with the fallout of shoppers not showing up this holiday season, dc starbucks store is urging lawmakers to come together tomorrow and friday. they will come back to work in a mighty more to to the point. the senate is back tomorrow morning. treasury secretary tim geithner is one congressional leaders about december 31. that's next monday, my friends, five short days from now. we have michael burgess of texas with us. i want to read you what the treasury secretary wrote to harry reid. he said i'm writing to inform you that the statutory debt limit will be reached on december 31. he went on to say that they have special gimmicks they are going to deploy to allow us to go past december 31. we have to tell you that here we are again. nothing is being done. we have no resolu
FOX Business
Dec 30, 2012 6:00pm EST
the laws, all of the real estate lending, all that. there the ones to set e rules. i mean, we did this. we elected this same crowd. the senate still has harry reid, the democrat, the house has john painter, the president is still the president. why she we expect anything to change. >> i don't expect anythg to change. the reality is you have the same people. there very blunt, competent, dishonest, lying to the american public for a long time, promising things they know they cannot deliver. our children grandchildren will pay the prce. maybe sooner, but the bottom line is you are dealing with people who care about themselves to maintainng power. >> i think they care abut the 1%. they increase the taxes on those made for under thousand and above, less than 1%. and the republicans are holding the country hostage. they rejected that. tom: will that tax solve the deficit spending? >> it will if you include 2%, 250,000 for couples, 200,000 for individuals and above. you start taxing capital gains and dividends, reinstate that and get rid of $109 billion in corpate xes every year. you're looking i
FOX Business
Dec 28, 2012 6:00pm EST
where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been talking about. a hundred billion dollars it hasn't happened yet. it's not like the deadline comes as a surprise to anybody at all, the least of all congress. they were the ones who extended the bush tax cuts. originally passed back in 20,122,010 and 2012. for two years now, they have known the issue is looming and they chose to do nothing about it at all. but that is not the only thing that this lame-duck congress has to do for the end of the year. the farm bill passed last summer to help farmers hit by the drought has to be extended. into the next year, it must pass. if they do nothing, a gallon of milk go up $
FOX Business
Dec 23, 2012 9:00pm EST
of criminals? now they want to talk gun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us. has t. >> wall street is very concerned. no doubt the average folks at home who have been cutting back more inclined to hang onto their wallets. they don't know what will happen. thank you congress. thank you mr. president. >> it is charities' season. makes us feel good to give. that is why there is a concert for storm victims. a bit greedy businesses ted turner did not like that idea. >> there is nothing more to say list. >> good by. >> now there are new ways to give to charity. >> where should you give? tonight. >> what does charity mean to you? the media obsesses what celebrities do and big stars raised more than $30 million for the hurricanes and the victims but this is not charity is most know it but quieter purpose 64% give almost $1,000 to their church the most common form followed by schools and then those meant to help the poor. had you know, they are legitimate?
FOX Business
Dec 24, 2012 1:00pm EST
minister who says he will consider changing the law governing central banks getting more politically involved. lori: we have larry in the pits of the cme. telling us why the pessimism on the fiscal cliff is making him bullish, believe it or not. and it is time to get defensive. larry, we will begin with you. how can you see this sorting out at the end of the day, a big deal, a little deal, no deal at all, what is the outcome? larry: the odds are pointing to a mini deal. expectations for a big deal are fading and fading quickly. it looks like it will be a mini deal with the tax extension will help those making under $250,000 per year and will not address the debt ceiling or spending or anything like that, it will be a patchwork of things that will make the market very nervous but given it is christmas eve, people are little bit negative but most christmas shopping. david: larry, round this time the irs issues its formal withholding guidance for the coming year. >> it'll be a bigger document than what we are used to because it will be giving guidance they are not sure even how to give
FOX Business
Dec 28, 2012 9:20am EST
likely to hit the target versus law enforcement and representative ron paul is against all of this. he's saying this is not the answer, this or wellion surveillance totalitarian way to go and total state control he says will be invited into the schools if you're armed teachers. >> ron paul says that. >> representative ron paul is against this. >> use it as a extension of government. >> yeah, he does, i understand the man's point, i'm just surprised to hear this. >> he's vehemently against this. >> not every teacher is so stable, too. i tell you something, i come from a long line of teachers in my family, a lot of stories about teachers. >> send your e-mails-- >> stop it right now, the e-mails are on the way. in a few minutes the latest read on pending home sales for november. and we ask a secondary question, will falling off the fiscal cliff kill this one bright spot in the economy which is housing why can't congress make a deal? it had months to compromise and there's nothiig out there. the dow is down 88. copd makes it hard to breathe, but with advair, i'm b. so now i can be in the
FOX Business
Dec 31, 2012 1:00pm EST
does that send to the law makers? >> i think that sends a very clear message that the voters basically said we want divided government. we'll let president obama have a second term but we want the republicans who control the house and that's where tax, tax legislation originates, to basically hold the line on taxes. so i feel like the elector rate made it clear that republicans you're job to protect us from economy-strangling tags increases. this is very quick path for the republicans back into the minority in 2014. ashley: is all this a big forerunner to a big debate over the debt ceiling? >> interesting that you bring up the debt ceiling. i think that's what the republicans can do. if they basically walk away from a bad deal they have a lot more power going into 2013 in that, basically president obama is going to have to deal with them on the debt ceiling. why not negotiate from a position strength in 2013? any tax increases now are retroactive, rather than give in and basically do great harm to your brand in the near term in return for nothing? ashley: basically what lesson do we le
FOX Business
Dec 26, 2012 9:20am EST
, which doesn't require 60 votes. reconciliation laws, sunset after ten years, they're not permanent and that's why this one is sunsetting, rather than having done a, you know, a long-term tax reform bill. and tax reform is very difficult. >> why can't we get sunsetting on spending, and no sunsetting on tax cuts. we shouldn't be, that's what we should be sunsetting are the spending bills. we should be talking about wind energy that needs to be sunsetted, soon. you bring up the side of the cliff that no one talks about. the sequester, the automatic spending reduction, i don't think it would be a bad thing if washington took the sequester and showed that they could cut spending. >> because we have a never budget balancing act going on with the journalist pointed out the secret gang of six meetings, that's budgeting by, secret gang of 12 meetings. and-- >> quickly that's what we use today call blue smoke and mirrors in washington and that's why people are upset at washington. don't trust them. david: good to see you. well, the numbers are in and you were not shopping as much as last yea
FOX Business
Dec 26, 2012 8:00pm EST
the road, is that the only way we get our fiscal house back in order? >> we're back down to the law, this is only a fe if you shouldy for massive government is unfair to those few. there is no guarantee wealthy people will keep their money in thison country so if we're going to have a bloated government, everybody should feel the pinch. that is the half that will find out exactly what government costs if we go over this cliff. eric: it seems that is where we are headed.k about a half a minute or so. no, >> how can he fix the fiscal cliff. saying i'll even give up texas. eric: fair and balanced: the mimetic horsemen joining me now. you are very icy on the way in u here. said you and i are going to get together on the house of the floor and come up with a deal. no fiscal cliff. >> we have to work it out. we are hopeful we can get that done.sa eric: speaker john boehner came up with $800 billion, saying it is all mine. that doesn't seem like a fair negotiation. w >> the problem is that the speaker has indicated before weo broke that he had votes, his plan be. the speaker said i have t
FOX Business
Dec 26, 2012 9:00pm EST
,000 permit fee of $8000 in medical expenses. welcome to the new law will not allow you to deduct $20 that you previously were allowed to deduct. if you're in the 25% tax bracket, it will cost you $500,000. gerri: that kind of deduction is used by people who are in deep financial debt with medical expenses. these are people who really need help. somehow ey are going to have ss hell. let's talk about this or tax on investment income. using the same issue applies there. it's not just the althy people who will get you with us. what do you mean? >> well, if you have an ira or 401k if you take your money out, which you have to do at a certain age, there is an additional 3.8% is going to be tacked on to your taxes. in other words, if you have $10,000 that you want to install, $380 go to pay for health care. you don't have to be rich to $10,000 in the ira. nobody talks about that. it also goes from the transaction he might have in the bank or anything you want gerri: something that people don't realize that it's happening, people love flexible spending accounts. it allows you to set aside p
FOX Business
Dec 26, 2012 11:00pm EST
is that if -- you know, we're right back down to the law. all plunder and none plder but to insisthat only a few should pay is unfair. there's no guarantee wealthy people will keep money in this country. if we have a bloated government, everyone should feel the pitch. half of the country reelected barack obama and that's the half that will find out how much government costs. >> it seems that's where we're headed. can president obama come pack -- back and fix this fiscal cliff? >> no,e's decided he's not going to cut anything, anywhere. it's not a discussion. john boehner put the ball back in his court saying i'll ease up on taxes and he's not willing to cut significant spending. >> thank you very much. >>> fair and balanced. democratic congressman gregory meeks joins me live in the studio. you were feisty on the way in saying you and are going to to getting together on the house floor and sign a deal. no fiscal cliff. >> we have to work it out. it's bad for the country if we don't. i've talked to a number of friends from bothides of the aisle and we are hopeful it gets worked out. >> how can you
FOX Business
Dec 27, 2012 5:00pm EST
spending. right now the law does it. i think go over the cliff. we know exactly what is going on. i'm concerned about a lot more things around the globe, particularly corporate earnings than i am the fiscal cliff. adam: all right. jeffrey cleveland, you're an economist, which is worse, raising taxes doing austerity all at once? what you do i this? >> i think the biggest problem is the uncertainty with all this. we're at december 27th. we're talking about changing the rules of the game. i think from an economist's standpoint, from an investor's standpoint rules, whether they're tax rates or spending rates, those are the signposts for the entrepeneurs. that is how entrepreneurs set the agenda for growth and economic activity. if you're adjusting those signposts, adam, at the last second, that is bad for growth. sort of like if you're on the super high wand a keep changing exit signs. you can't stop. adam: steve hayes, i will get to you in a second. jeffrey i want to follow up with what you just said. are you saying small business is entrepreneurs, all kinds of people already planned t
Search Results 0 to 49 of about 64 (some duplicates have been removed)